India Case Study

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  • Created by: Megan
  • Created on: 26-05-15 18:50
How did UK/USA drive growth?
Workers migrated, gained skills, returned and set up their own companies
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How did IMF drive growth?
Bailed India out of debt in 1991 in return for it liberalising its economy
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How big was the middle class population?
300 million, 50 million English Speaking graduates
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How did the middle class population drive growth?
Large market for sales + well educated population
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Low labour costs?
For every 1000 jobs relocated to India, UK company could save £10 million
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Steel?
4th largest producer
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Homegrown ICT companies?
1999 Infosys became the first Indian company listed on the NY stock market
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Outsourcing?
Call centres - HSBC, British Airways
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FDI in 2007?
$34 billion
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Service Sector GDP?
50% at start of 21st century
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Tourism?
Set to increase 9.4% a year but only 11000 hotel rooms
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MEDC Union concerns?
Job losses in developed countries
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Tata Consultancy Services?
Employ 100 000 people but now moving to Mexico because cheaper
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Card 2

Front

How did IMF drive growth?

Back

Bailed India out of debt in 1991 in return for it liberalising its economy

Card 3

Front

How big was the middle class population?

Back

Preview of the front of card 3

Card 4

Front

How did the middle class population drive growth?

Back

Preview of the front of card 4

Card 5

Front

Low labour costs?

Back

Preview of the front of card 5
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